Blueberry Markets Review

ASIC

Overall rating

4.0/5

Minimum deposit

$100

EUR/USD spread

From 0.0 pips (Raw, + commission) / from 1.0 pips (Standard)

MT4MT5
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Use this review to validate safety, fees, platform fit, and where this broker falls short.

BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk
BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Updated

Jul 18, 2026
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Jul 2026

20% Credit Bonus on Deposits Over $100

20% credit bonus on deposits over $100 (claim within 24h). Prop firm discounts 30-65% off.

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Is Blueberry Markets a good broker?

Blueberry Markets is a ASIC-regulated broker rated 4.0/5. Published EUR/USD pricing is listed at From 0.0 pips (Raw, + commission) / from 1.0 pips (Standard) with a minimum deposit of $100. Blueberry Markets is an Australian ECN/Raw-spread forex and CFD broker built around MetaTrader 4/5, popular with scalpers and algorithmic traders because it places no restrictions on trading style.

Sources & References

  1. BrokerAnalysis
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Should you choose Blueberry Markets?

Use this short answer before you dive into the full review.

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Best for

No dealing-desk ECN model

Not ideal for

Self-excludes Indonesia, Malaysia, New Zealand and Japan

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80

Trust Score: 80/100

Based on regulatory status, company history, and financial transparency

Blueberry Markets Score Breakdown

7.9/ 10
Safety8.0Fees8.2Platform8.1Account7.8Support7.6
Safety
8.0
Fees
8.2
Platform
8.1
Account
7.8
Support
7.6
  • ASIC-Regulated AU Entity
  • Raw Spreads from 0.0 Pips
  • No Restrictions on Scalping/EAs
  • MT4 & MT5 Only

Founded

2015

Headquarters

Adelaide, Australia

Why choose Blueberry Markets

Blueberry Markets is an Australian ECN/Raw-spread forex and CFD broker built around MetaTrader 4/5, popular with scalpers and algorithmic traders because it places no restrictions on trading style. Australian retail clients are served by the ASIC-regulated entity; international clients are onboarded through an offshore entity with different leverage and protection terms. Blueberry self-excludes Indonesia, Malaysia, New Zealand, and Japan — it will not onboard clients from those markets regardless of interest.

Pros

  • ASIC-regulated for Australian clients
  • Genuinely low raw spreads
  • No trading-style restrictions (scalping, hedging, EAs all allowed)

Cons

  • Self-excludes Indonesia, Malaysia, New Zealand and Japan
  • No proprietary platform or TradingView integration
  • International clients trade under a separate offshore entity with weaker protections than the ASIC entity
Blueberry Markets logo

Blueberry Markets

Fast decision summary

Min Deposit:

$100

Regulated:

Yes

Inactivity Fee:

No inactivity fee reported on dormant accounts.

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Blueberry's Raw account is commission-based with spreads from 0.0 pips; the Standard account is commission-free with spreads built in. Both are competitive for an ECN-style broker, but always confirm the current commission schedule and non-trading fees on Blueberry's own site before funding, since these are the figures most likely to change year to year.

InstrumentStandardRaw/Pro
EUR/USD1.0 pips0.0 pips + commission
GBP/USD1.3 pips0.2 pips + commission
Gold (XAU/USD)0.350.15 + commission

Deposit

Free

Withdrawal

Free (bank/processor fees may apply)

Non-trading fees

Deposit fee

None

Withdrawal fee

None (intermediary bank/processor fees may apply)

Inactivity fee

No inactivity fee reported on dormant accounts.

Fees and conditions last verified: July 2026.

Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.

Australian retail clients are protected by ASIC's regulatory framework, including negative balance protection. International clients are onboarded via Blueberry's offshore entity, which does not carry the same statutory investor protections as the ASIC entity — this is disclosed here explicitly because it is the single most important distinction for a non-Australian reader deciding whether to open an account.

Regulatory Status

RegulatorCountryTier
ASICAustralia1

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionNegative balance protection for the ASIC-regulated entity; international (offshore-entity) clients should confirm their specific protections before depositing.

Is regulated?

Yes, heavily regulated.

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Blueberry supports standard funding methods including bank transfer, cards, and common e-wallets. Processing is typically fast for card and e-wallet methods; bank wire is slower, as is standard across the industry.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
Credit/Debit CardInstantFree$100
Bank Transfer1-3 DaysFree$100
E-walletsInstantFree$100

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
Same as deposit method1-2 Business DaysFree$0

Base Currencies

USD, AUD, GBP, EUR

Account opening is digital, with Standard and Raw (ECN) account types available on both MT4 and MT5. Islamic swap-free accounts are available on request.

Account Types

Account TypeMin. DepositKey Features
Standard$100
  • Spreads from 1.0 pips
  • No commission
Raw (ECN)$100
  • Spreads from 0.0 pips
  • Commission per lot

Verification Steps

  • Time to open: Same day (subject to verification)
  • Demo Account: Yes
  • Islamic Account: Yes
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Blueberry relies on the standard MetaTrader 4 and MetaTrader 5 mobile apps rather than a proprietary app — functional and familiar to anyone who has used MetaTrader elsewhere, but without any Blueberry-specific mobile features.

App Features

  • Full MT4/MT5 order types
  • Price alerts
  • Chart trading

MetaTrader 4 and MetaTrader 5 only — no cTrader, no TradingView integration, and no proprietary desktop platform. This is a deliberate simplicity choice, not an oversight, but it does mean traders who want cTrader-style DOM or TradingView charting need to look elsewhere.

Supported Platforms

  • MetaTrader 4: The most widely supported EA/indicator ecosystem in the industry.
  • MetaTrader 5: Newer MetaTrader generation with more timeframes and a built-in economic calendar.

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Blueberry's product range is forex-and-CFD focused, with a smaller but usable spread of indices, commodities, and crypto CFDs alongside its core currency-pair offering.

Available Instruments

Forex Pairs50
Indices10
Stocks0
Commodities10
Cryptos15

Leverage Limits

InstrumentMax Leverage
ForexUp to 1:500 (offshore entity) / 1:30 (ASIC retail)
IndicesVaries by entity
CryptoLower leverage, confirm current limits
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Frequently Asked Questions

Blueberry's Australian entity is regulated by ASIC. International clients are onboarded via a separate offshore entity with different terms and protections — always confirm which entity you are contracting with.
No. Blueberry self-excludes these four markets under its own terms, regardless of a trader's interest.
Both the Standard and Raw account types start from $100.
Yes — Blueberry places no restrictions on scalping, hedging, or automated/EA trading, which is one of its core selling points.
No. Blueberry supports MetaTrader 4 and MetaTrader 5 only.

Review Team

Why Traders Shortlist Blueberry Markets

Key points from our latest editorial review and testing process.

  • ASIC-Regulated AU Entity
  • Raw Spreads from 0.0 Pips
  • No Restrictions on Scalping/EAs
  • MT4 & MT5 Only
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Why this review is trustworthy

  • Freshness dates and fact-checking are shown on the page.
  • Broker scoring follows our public methodology and disclosure standards.
  • Country-specific differences still matter, so compare the exact entity before you deposit.
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Our Verdict

Blueberry Markets is recommended for No dealing-desk ECN model

Use this final check alongside the fee, safety, platform, and funding sections above. If Blueberry Markets still fits your country, account size, and risk tolerance, open the account through the tracked broker route below.

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Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.

Broker terms can differ by region and entity, but this review shows the most recent figures captured in our research workflow.Methodology |Editorial Policy |Data Sources |Full Disclaimer